Why is DE Nora India falling/rising?

As of 31-Jul, DE Nora India Ltd's stock price is currently at 894.00, reflecting a decrease of 64.0 points or 6.68%. Today's price summary indicates that the stock has underperformed its sector by 9.53% and opened with a loss of 3.14%. It reached an intraday low of Rs 872.45, marking an 8.93% decline. Over the past week, the stock has experienced a drop of 4.00%, and its year-to-date performance shows a significant decline of 23.30%. Despite some positive financial results, including a notable increase in profit before tax and net sales, the stock has been negatively impacted by poor long-term growth, with operating profit declining at an annual rate of 183.02% over the last five years. Additionally, the stock is considered risky due to a negative EBITDA and a substantial drop in profits over the past year.
In the broader market context, DE Nora India Ltd's performance has lagged behind the benchmark, with a one-year return of -47.49% compared to the BSE500's decline of only -3.20%. This stark contrast highlights the stock's underperformance relative to the market. While the Electrodes & Welding Equipment sector has gained by 2.61%, DE Nora's stock has struggled, indicating a lack of investor confidence. The rising delivery volume suggests some interest, but overall, the stock's liquidity and recent price movements reflect a challenging environment for investors, further exacerbated by its significant losses and negative growth indicators.